# The Cross-Border Credit Transfers Regulations 1999, Regulation 14: Offences by bodies corporate etc.


(1) Where an offence under regulation 3(3), 5(3) or 5(6) committed by a body corporate is proved to have been committed with the consent or connivance of, or to be attributable to any neglect on the part of, any director, manager, secretary or other similar officer of the body corporate, or any person who was purporting to act in any such capacity, he, as well as the body corporate, shall be guilty of that offence and be liable to be proceeded against and punished accordingly.
(2) Where the affairs of a body corporate are managed by its members, paragraph (1) shall apply in relation to the acts and defaults of a member in connection with his functions of management as if he were a director of the body corporate.
(3) Where an offence under any of the provisions mentioned in paragraph (1) committed by a partnership, or by an unincorporated association other than a partnership, is proved to have been committed with the consent or connivance of, or to be attributable to any neglect on the part of, a partner in the partnership or (as the case may be) a person concerned in the management of the association, or any person who was purporting to act in any such capacity, he, as well as the partnership or association, shall be guilty of that offence and be liable to be proceeded against and punished accordingly.

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Source: https://www.legislation.gov.uk/uksi/1999/1876/regulation/14 (the official version)
Page: https://openlegislation.uk/cross-border-credit-transfers-regulations-1999/regulation-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.